Nippon India Short Term Fund Direct Dividend Monthly Details

Nippon India Short Term Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was made available to investors on 20 Oct 2014. Prashant R.Pimple is the Current Fund Manager of Nippon India Short Term Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹6,114 Cr and the Latest NAV as of 05 Jun 2020 is ₹11.49.

The Nippon India Short Term Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.

Investment Objective

It aims to generate stable returns for investors with a short-term investment horizon by investing in fixed income securities of a short-term maturity.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.